Polycab India Limited

Polycab India Ltd share price declined by 1.25% to Rs 8216.4. The Company's net profit jumped 24.27% to Rs 990.0 crore, while revenue from operations increased sharply by 20.58% to Rs 9898.9 crore in Q3FY26 over Q2FY26. The market capitalization of Cables - Electricals industry group stocks on BSE stood at Rs 2.44 lakh crore, rising 6.50%. It has slipped by 1.07% over last one week and gained upto 0.41% in last one month while the market capitalization of Polycab India Ltd has eased by 0.40% and 7.30% in the same period respectively. Profit before tax (PBT) of Polycab India Ltd stood at Rs 1306.22 crore in Q3 FY26, surging by 41.83% year-on-year, and jumping 23.44% quarter-on-quarter. EBITDA came in at Rs 1334 crore, rallying 36.79% YoY and expanding by 29.37% sequentially. Total expenses went up by 19.66% to Rs 8587.44 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 7489.86 crore, going up by 15.01% YoY, while employee benefits expense was at Rs 265.69 crore, easing 1.61% YoY. For the TTM ended FY26, revenue from operations jumped by 28.90% to Rs 28883.79 crore, while net profit surged by 32.41% to Rs 2708.43 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 283937% to Rs 3769.48 crore, and PBT witnessed a strong rise of 33.78% to Rs 3613.08 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 3810.67 crore in FY26, as against Rs 1808.53 crore in FY25. Polycab India Ltd climbed 7.29% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 10.04% during the same period.

Polycab India Limited informed the Bombay Stock Exchange and National Stock Exchange of India that the appeal in the matter of Asier Metals Private Limited vs. Polycab India Limited was heard by the National Company Law Appellate Tribunal Principal Bench in New Delhi on October 15, 2026, and the tribunal has reserved its order.

Polycab India Ltd share price ticked higher by 0.73% to Rs 8320.0 after the company's net profit soared by 24.27% to Rs 990.0 crore, while revenue from operations increased sharply by 20.58% to Rs 9898.9 crore in Q3FY26 over Q2FY26. The market capitalization of Cables - Electricals industry group stocks on BSE stood at Rs 2.44 lakh crore, rising 6.50%. It has marginally improved by 1.20% over last one week and gained upto 2.44% in last one month while the market capitalization of Polycab India Ltd has inched up 2.08% and 6.13% in the same period respectively. Profit before tax (PBT) of Polycab India Ltd stood at Rs 1306.22 crore in Q3 FY26, rallying 41.83% year-on-year, and jumping 23.44% quarter-on-quarter. EBITDA came in at Rs 1334 crore, expanding by 36.79% YoY and surging by 29.37% sequentially. Total expenses went up by 19.66% to Rs 8587.44 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 7489.86 crore, advancing by 15.01% YoY, while employee benefits expense was at Rs 265.69 crore, easing 1.61% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 28.90% to Rs 28883.79 crore, while net profit surged by 32.41% to Rs 2708.43 crore, compared to previous TTM. EBITDA jumped by 283937% to Rs 3769.48 crore, and PBT surged 33.78% to Rs 3613.08 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 3810.67 crore in FY26, as against Rs 1808.53 crore in FY25. Polycab India Ltd jumped 9.27% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 11.27% during the same period.

Polycab India Limited informed the Bombay Stock Exchange and National Stock Exchange of India that the appeal in the matter of Asier Metals Private Limited vs. Polycab India Limited, previously scheduled for October 26, 2026, has been granted an early hearing by the National Company Law Appellate Tribunal and is now scheduled to be heard on October 15, 2026.

Polycab India Limited announced that the Hon'ble National Company Law Appellate Tribunal (NCLAT) has stayed and kept in abeyance an order passed by the National Company Law Tribunal, Ahmedabad Bench, for the admission of a Corporate Insolvency Resolution Process against the company. The order, related to a petition filed by Asier Metals Private Limited alleging an operational debt of Rs 2.79 crore, was issued on October 7, 2026. Polycab is inclined to deposit the entire amount stated in the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, and the appeal is listed for October 26, 2026.

Polycab India Limited has entered the Corporate Insolvency Resolution Process (CIRP) following a court order admitting a petition under Section 9(5) of the Insolvency and Bankruptcy Code (IBC), 2016. The court found that an operational debt is due and payable, a default has occurred, and Polycab India Limited did not establish a legally sufficient dispute regarding the debt. Sunit Jagdishchandra Shah has been appointed as the Interim Resolution Professional (IRP), who will manage the process, invite claims from creditors, and protect assets. A moratorium has been declared, restricting lawsuits and asset transfers, while the Operational Creditor must pay the IRP Rs 5,00,000 as an advance for initial costs.

Polycab India Limited has filed an appeal before the National Company Law Appellate Tribunal (NCLAT) to set aside an order from the National Company Law Tribunal, Ahmedabad Bench, which initiated the Corporate Insolvency Resolution Process (CIRP) petition against the company. The petition, filed by Asier Metals Private Limited, alleges an operational debt of Rs 2.79 crore and is listed for hearing before NCLAT on October 09, 2026.

Polycab India Limited will hold a board meeting on Thursday, October 15, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the limited review reports. The trading window for dealing in the company's securities will be closed from October 1, 2026, and will remain closed until Saturday, October 17, 2026.

Polycab India Limited informed the Bombay Stock Exchange and National Stock Exchange of India that it will close its trading window for securities from October 1, 2026, until 48 hours after the announcement of its unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2026.

Polycab India Limited announced that its Finance and Operations Committee allotted a total of 14,970 equity shares with a face value of Rs 10 each to eligible employees who exercised options under the Polycab Employee Stock Option Performance Scheme 2018, according to a filing on September 01, 2026.